Republic Airways Holdings, Inc. (NASDAQ: RJET) shares have fallen from $8.50/ share on July 24th to a low of $2.01 on August 27th as the airline battles the Teamsters union representing its 2,200 pilots. There is speculation that RJET will file bankruptcy should the negotiations fail. On Friday the company's shares bounced up, closing at $2.65.
Our due diligence discovered exactly where the Union negotiations stand. To view use the link below.
About Republic Airways Holdings, Inc.
Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company offers scheduled passenger service on approximately 1,229 flights daily to approximately 101 cities in the U.S. and Canada.
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